Major PV inverter manufacturer SMA Solar Technology has reported preliminary 2018 financial figures that only met the low-point of revised guidance issued in November, 2018.
PV inverter manufacturer KACO new energy is changing its business focus to include only string inverters and energy storage products, after its acquisition of Energy Depot, selling its central inverter business subsidiary in South Korea to OCI Power. Financial details were not disclosed.
JinkoPower has connected a 100MW solar plant to the grid in Mexico using 1500V smart solution from China-based firm Huawei integrating inverters and transformers.
A series of issues that initially centered on the US Section 201 case, the US v China trade, China’s 531 New Deal and India’s trade tariffs, combined to slice around US$3 billion from the total global corporate funding into the solar sector in 2018, according to Mercom Capital Group.
Inverter and smart energy manufacturer SolarEdge has a back catalogue of solar-themed parody videos but this year’s effort, Solar Joy, has raised the bar.
After disappointing beginnings, India's rooftop solar market is now thriving with 75% year-on-year growth. PV Tech caught up with Ron Shen, vice president, international sales and service centre at China-based PV inverter supplier GoodWe, to discuss knock-on effects of safeguard duties on modules, price pressure and market growth.
PV inverter supplier SMA Solar is to lay off 425 full-time staff and discontinue China as a location as part of a restructuring plan announced in September in order to return the company to profitability quickly.
